THE OPEN Jan beans: 11 higher Jan meal: 4.00 higher Jan soyoil: 13 higher March corn: 2 3/4 higher March wheat: 2 1/2 higher Compact trade continues with a better rally out of wheat on short-covering and gains in the soy complex, meal performing better than soyoil. The markets are spending time in consolidation mode right now heading into the next round of reports. Volumes are off, given over mostly to spread trade as this is day 3 of the Goldman roll. SOY
The major feature in the soy complex was that of technical buying activity and more profit-taking in oilshare and soyoil as prices further consolidated price action. March crush slid to 91c/bu, (which is still a g...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
